BlueFlag Security raises $28M in Series A funding to enhance its identity-centric SDLC security platform. The round was co-led by Maverick Ventures and Ten Eleven Ventures.
Amount Raised
$28 Million
Round Type
Series A
SunnyvaleInformation TechnologySoftwareSecurityCyber SecurityNetwork SecurityInvestors
Description
BlueFlag Security, based in San Francisco, has completed its Series A funding round, raising $28 million. The company specializes in security tools for managing human and AI identities in development to mitigate software supply chain risks. The new capital will be used to accelerate platform development and expand market presence in the US and EMEA regions. Founded by CEO Raj Mallempati in 2024, BlueFlag targets regulated industries and tech organizations adopting AI-driven development.
Quick answer
BlueFlag Security raised $28 Million in a Series A round, dated August 17, 2026. Investors: Maverick Ventures and Ten Eleven Ventures. BlueFlag Security is based in Sunnyvale, California, United States.
- How much did BlueFlag Security raise?
- BlueFlag Security raised $28 Million in a Series A round on August 17, 2026.
- Who invested in BlueFlag Security?
- Maverick Ventures and Ten Eleven Ventures are named as investors in this round.
- What does BlueFlag Security do?
- BlueFlag Security is an identity-based developer security company focused on helping manage developer risks across the software development lifecycle (SDLC) process using a single integrated platform.
- Where is BlueFlag Security based and how big is it?
- BlueFlag Security is based in Sunnyvale, California, United States. Fundz records about 35 employees.
- Who are the decision-makers at BlueFlag Security?
- Fundz holds 3 contacts at BlueFlag Security, including the Vice President of Sales, Americas. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Security and Cyber Security around the same time
Companies in the same sectors as BlueFlag Security that raised within 45 days of this round, from Fundz verified event records.
- Cyera raised $400M on September 22, 2026.
- Bynario raised $2.4M (Pre-Seed) on September 10, 2026.
- Cymphony raised $25M (Series A) on September 9, 2026.
- Bloom Security raised $20M (Seed) on July 30, 2026.
- ThreatLocker raised $190M (Series F) on July 29, 2026.
- Zaperon raised $730K (Seed) on October 1, 2026.
Who to call at BlueFlag Security, and when
A new round usually means BlueFlag Security is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day BlueFlag Security raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at BlueFlag Security, from your own LinkedIn network
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Funding Insights
What this usually meansBlueFlag Security raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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